Market Risk Manager

Marex, City of Westminster

Market Risk Manager

Salary Not Specified

Marex, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 1 week ago, 24 Sep | Get your application in now before you're too late!

Closing date: Closing date not specified

job Ref: b1115417be534973889d96f85c782ff7

Full Job Description

We are seeking an experienced Market Risk Manager to join the London Market Risk team in the Marex Solutions business. The Market Risk Manager will be responsible for managing the market risk of the trading activities across a range of asset classes, including equities, fixed income, FX, credit and commodities. The successful candidate will have 5-10 years of experience

  • in market risk management, including knowledge of risk management principles and methodologies., Monitor and analyse market risk exposure across multiple asset classes.
  • Identify potential risk issues and work with traders and other stakeholders to implement effective risk management strategies.
  • Review new business / product initiatives and make recommendations to Head of Market Risk.
  • Develop and implement risk policies and procedures, including risk limits and stress testing methodologies.
  • Conduct regular risk assessments and provide timely and accurate risk reports to senior management.
  • Work closely with other risk managers and control functions to ensure a consistent approach to risk management.
  • Stay up-to-date with regulatory developments and ensure compliance with relevant regulations.

    Excellent verbal and written communication skills
  • A collaborative team player, approachable, self-efficient and influences a positive work environment
  • Demonstrates curiosity
  • Resilient in a challenging, fast-paced environment
  • Excels at building relationships, networking
  • Ability to work independently to drive projects, Bachelor's degree in finance, economics, or related field.
  • Minimum of 5 years of experience in market risk management, with exposure to both cash trading and derivatives across a number of asset classes.
  • Strong analytical and quantitative skills, with the ability to identify and analyse complex risk issues.
  • Excellent communication and interpersonal skills, with the ability to work collaboratively with traders and other stakeholders.
  • Strong understanding of financial markets, products, and instruments.
  • Knowledge of regulatory requirements related to market risk management.
  • Ability to work independently and manage multiple tasks simultaneously.
  • Ambitious, proactive with strong desire to achieve including going beyond what's required.
  • Computer programming skills. Coding in Python and SQL a strong advantage.
  • Conduct Rules You must:
  • Act with integrity
  • Act with due skill, care and diligence
  • Be open and cooperative with the FCA, the PRA and other regulators
  • Pay due regard to the interests of customers and treat them fairly
  • Observe proper standard of market conduct
  • Act to deliver good outcomes for retail customers

    Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics., Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.
  • Integrity - Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do - our clients expect this and we demand it of ourselves. Collaborative - We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do. Developing our People - Our people are the basis of our competitive advantage. We look to "grow our own" and make Marex the place ambitious, hardworking, talented people choose to build their careers. Adaptable and Nimble - Our size and flexibility is an advantage. We are big enough to support our client's various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.
  • candidates outside of the indicated range will also be considered
  • Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.